"Liberty's view
of the government could be summed up in a few short phrases:
If it works, work with it.
If it doesn't, work against it.
If it works you over, abolish it."
-- Angel Shamaya

Pros &
Cons of buying vs. leasing your car

When youbuy, you pay for the entire cost of a
vehicle, regardless of how many miles you drive it or how long you keep it.
Monthly payments are higher than for leasing. You typically make a down
payment, pay sales taxes in cash or roll them into your loan, and pay an
interest rate determined by your loan company based on your credit score. You
make your first payment a month after you sign your contract. Later, you may
decide to sell or trade the vehicle for its depreciated resale or trade
value.

When youlease, you pay only a portion of a vehicle's
cost, which is the part that you "use up" during the time you're
driving it. Leasing is a form of financing and is not the same as renting. You
have the option of not making a down payment, you pay sales tax only on your
monthly payments (in most states), and you pay a financial rate, called money
factor, that is similar to the interest on a loan. You may also be required
to pay fees and possibly a security deposit that you don't pay when you
buy. You make your first payment at the time you sign your contract — for the
month ahead. At lease-end, you may either return the vehicle, or purchase it
for its depreciated resale value. You may be charged a lease-end disposition
fee.

Buying a car with a
loan is essentially like putting money into a declining-value savings account —
you never get out as much as you put in. A portion of every payment you make is
lost to depreciation and finance charges. What you have "to show" for
your investment when your loan is paid off is only the part that is left over
after depreciation and interest. A terrible investment.

Leasing, then, is
similar to buying, but without the equity "savings account." You only
pay for what you use and you don't put anything extra into "savings."
It's true that you'll own nothing atthe end of a lease; you'll have nothing "to
show" for the money you've put into it. But... what you don't own is the same
part of the car's original value — the depreciated part — that a buyer too
doesn't own at the end of his loan. Again, a car's value depreciates the same
amount whether it is leased or purchased. That money is gone forever, lease or
buy.

Many people who lease
a vehicle believe that their credit will not be a factor in being approved for
a lease. Leasing a car means that you are subject to a credit check just as you would be if you decide to buy a car. If
you lease a car and you make late payments, it also can affect your credit as
well.

Because leasing is
somewhat more complicated with residuals, money factors, acquisition fees,
etc.; it shouldn't be undertaken quite as casually as you might with a simple
loan. There are more opportunities to misunderstand and make mistakes.
Therefore, leasing requires that you be more careful and more informed.

If you own a business
or use your vehicle for business, there are additional tax factors to consider
and you should consult with a qualified CPA.On the surface, it seems to make more sense to lease a vehicle under
your business name as there may be more tax deductions available

The crust
on bread is the healthiest part as it contains eight times more pronyl-lysine,
a cancer-fighting antioxidant.

PM’s
Compendium of Useful Resources

Legitimate
at-home work site recruiters

No matter your
education or experience, the Internet can help. There are plenty of scams, but
you'll find many legitimate work-from-home opportunities. I've rounded up some
of the best. Find links to sites mentioned at www.komando.com/news.

Telecommuting

You don't have to be
your own boss to work from home! You just need to find telecommuting
opportunities.

The 10 Best Job Search SitesThe economy seems to be turning around, but by most
measures, there are still way too many Americans out of work. Just about
everyone uses the Web to looks for jobs these days, but not all employment websites are
the same. Here are our top ten picks to help you land a paycheck

Going without a job
for that long can make it tough to get back on your feet. But if you're ready
for some help, there's a lot out there. Money Talks News founder Stacy Johnson takes a look at three places to find free job training and leads.
Check it out, and then read on for more.

CFL light bulbs are becoming commonplace in the home and they help
contain the ever rising cost of electricity.Did you know they can be used in your greenhouse as well?Growers who typically use incandescent find
CFLs use four times less energy.However, growers who switch completely to CFLs, may find a flowering
delay in some of their plants.Many are
experimenting with alternating every other light bulb with CFLs and
incandescent which seems to work well.

Jewelry can make you sick.The bacteria that cause foodborne illness can
hide under rings and watches, and linger even after you’ve washed your
handles.Remove jewelry prior to cooking
to be safe.

The Nanny
State Updates…

Your Child
Could Be Arrested While At School For Just About Anything These Days

As I have written
about previously, children all over the United States are being arrested by police in government school classrooms for some
absolutely crazy things. Just check out the following examples....

*A 13-year-old kid
attending a public school in Albuquerque, New Mexico was recently arrested by
police for burping in class.

*A 12-year-old girl at
a school in Forest Hills, New York was marched out of her public school in
handcuffs by police just because she doodled on her desk. "I love my friends Abby and Faith" was
what she reportedly scribbled on her desk.

*When a little girl
recently kissed a little boy at one Florida elementary school, it was
considered to be a "possible sex crime" and the police were called out.

Chicago is the nation’s most corrupt
city.Since 1976, 1,531 public officials
in the Chicago area have been convicted of corruption - the most in any
jurisdiction.

I opened an emergency
gasoline fund. It's simply a savings account that I have been putting $5 to $10
in each week so I can be fully prepared for the high gas prices that might
come. While the money isn't much it will help a little and will at least offset
some of the high gasoline costs should my budget not allow for it.After all, my family can cut back on driving,
but we can't stop altogether.

The Parting Thought – Most folks haven’t a clue

"When a
well-packaged web of lies has been sold gradually to the masses over
generations,
the truth will seem utterly preposterous and its speaker a raving
lunatic."
-- Dresden James

One very famous author
once wrote that "people are destroyed for lack of knowledge", and
that is exactly what is happening in America today. Most Americans simply don't
understand what is happening economically, politically, socially, morally or
financially in this nation.

According to a new
Politico poll, only 30 percent of all Americans believe that the next generation
will be "better off economically" than the previous generation

The American future is
shockingly grim. The national debt, the regulations that grow and grow, the
intrusive and intense tax enforcement, the spying and police impositions, the
broken banking system, the shocking level of sheer phoniness in the financial
world -- all of it adds up to a dark picture.

It illustrates something
very important: the smartest and wealthiest among the population no longer
trust the future…which is why guys like Mitt Romney keep money in Cayman Island
banks.

And compare to other
countries! Contrary to what most Americans believe, other countries are freer,
with lower effective taxes, less police intrusions, less spying, fewer
regulations on small business (Canada is a good example).

"2012 is when
many of the long-simmering socioeconomic and political trends that we have been
forecasting and tracking will climax," Gerald Celente noted in his Top 12
Trends 2012 newsletter. In an interview he added: "When money stops flowing to the man on the street, blood starts flowing
in the street."

1 comment:

This blog surely lets all reader learn about the pros and cons of buying or leasing a car. There are various aspects related with leasing and buying a car for which you may sometimes attain benefits and sometimes nothing. So read on to know why leasing is a better option.